Sunday 26 May 2013
 
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Housing

Home Depot net income hits $1.2bn

Home Depot has reported higher-than-expected quarterly results and raised its sales and profit outlook for the year as the world's largest home improvement chain benefited from a nascent recovery in the US housing market. The

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Big demand for housing projects at KAEC

The huge influx of investments in business enterprises and industrial projects at King Abdullah Economic City (KAEC) have resulted in a surge in demand for residential accommodation for employees and workers, said a senior official. KAE

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Master launches housing project in Bahrain

  Bahrain-based Master Project Management Services, has officially launched The Breeze-Seef, a stunning residential property that enjoys a prime location in the Seef District in the kingdom.

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Bahrain taps British technology for housing

Bahrain will be harnessing British technical and engineering know-how to promote major social housing projects, with the first three providing 4,000 new homes, a report said. Housing Minister Bassem Al Hamer signed a co-operation

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Bahrain taps British technology for housing

Bahrain will be harnessing British technical and engineering know-how to promote major social housing projects, with the first three providing 4,000 new homes, a report said. Housing Minister Bassem Al Hamer signed a co-operation

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Saudi to confiscate unused plots for housing

Saudi Arabia's housing minister said urban land left undeveloped could be confiscated to build much-needed homes, local media reported on Saturday. The world's top oil exporter and biggest Arab economy is pushing to reform

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Saudi decree to ease $67bn housing logjam

  A royal decree in Saudi Arabia has shaken up the way in which the government allocates vast tracts of land, removing an obstacle to a $67 billion programme to ease the country's housing shortage.  

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Saudi housing seen hitting 1.5m units

Saudi Arabia’s housing sector is set to reach 1.5 million residential units by 2015, marking a 13 per cent growth in demand, said the sponsors of an upcoming key real estate exhibition in Riyadh. The 16th edition of Riyadh E

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Aldar wins contract to build 996 villas

  Abu Dhabi's Aldar Properties has won a contract to build 996 villas in the United Arab Emirates capital, the company's chairman said, expecting to see at least 2 percent growth in the emirate's real estate market th

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Tasweek to showcase major housing project

  Tasweek Real Estate Development and Marketing, an advisor and solutions provider serving the real estate markets, will be presenting its Dh500 million  ($136 million) integrated housing project at the upcoming 'Ci

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